GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Gulf Energy Development PCL (SGX:TGED) » Definitions » Cyclically Adjusted PB Ratio

Gulf Energy Development PCL (SGX:TGED) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)


View and export this data going back to 2024. Start your Free Trial

What is Gulf Energy Development PCL Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gulf Energy Development PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gulf Energy Development PCL's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gulf Energy Development PCL Cyclically Adjusted PB Ratio Chart

Gulf Energy Development PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 9.07

Gulf Energy Development PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 9.07 -

Competitive Comparison of Gulf Energy Development PCL's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Gulf Energy Development PCL's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gulf Energy Development PCL's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Gulf Energy Development PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gulf Energy Development PCL's Cyclically Adjusted PB Ratio falls into.



Gulf Energy Development PCL Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Gulf Energy Development PCL's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Gulf Energy Development PCL's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.378/129.4194*129.4194
=0.378

Current CPI (Dec23) = 129.4194.

Gulf Energy Development PCL Annual Data

Book Value per Share CPI Adj_Book
201412 0.010 99.070 0.013
201512 0.006 99.792 0.008
201612 0.030 101.863 0.038
201712 0.132 104.011 0.164
201812 0.142 105.998 0.173
201912 0.160 108.420 0.191
202012 0.242 109.897 0.285
202112 0.334 117.630 0.367
202212 0.367 125.222 0.379
202312 0.378 129.419 0.378

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Gulf Energy Development PCL  (SGX:TGED) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Gulf Energy Development PCL Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Gulf Energy Development PCL's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Gulf Energy Development PCL (SGX:TGED) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Wireless Road, All Seasons Place, 87 M.Thai Tower 11th Floor, Lumpini, Pathumwan, Bangkok, THA, 10330
Gulf Energy Development PCL is a Thailand based business, that engages in electricity-generating business. The principal operation of the group is to generate and sell electricity, steam and cold water storing and converting natural gas from liquid to gas, provide satellite services and, and other related businesses. It is also involved in the business of renewable energy, such as solar rooftops and biomass energy. It operates through the following segments: The power segment, the Infrastructure segment, Satellite business segment, and Consulting segment. Geographically the company caters its services to both domestic and international markets.

Gulf Energy Development PCL (SGX:TGED) Headlines

No Headlines